Economics

Turnover in the Romanian automotive sector to grow by 13 – 15 per cent in 2013...more »

Egypt acquired 235.000 tones of grain from
Romania, Russia and Ukraine to be delivered within November 11 and
November 20, 2013 according to the General Authority for Supply
Commodities (GASC) quoted by Reuters. The 60,000 tonne of wheat imported
from Romania were provided by Ameropa Grains S.A Constanta, the
Romanian Subsidiary of Ameropa AG Holding Switzerland... ...more »

Romania’s Nuclearelectrica nuclear national
corporation has started an initial public offer (IPO) through which will
sell a 10 per cent stake in-state owned. ...more »

Romania raised EUR1.5 billion in a seven-year
euro-denominated bond transaction arranged by Citigroup, HSBC, Deutsche
Bank and Societe Generale.
The said amount was raised at 295 points over the
reference mid-swap rate which at this point is around 1.825%, meaning that the
yield of the bonds is 4.77%. Also, the order books amounted to EUR6.2
billion, exceeding more than four times the maximum amount targeted by the Romanian Ministry of Finance. Up to this point, Romania has sold nearly EUR
7 billion in leu-denominated notes and around EUR1.4 billion in three
euro-denominated auctions....more »

Despite the losses reported by the financial and banking sectors over the past years, the foreign shareholders of banks, insurers and leasing companies of Romanian subsidiaries allocated EUR 240 between in January and July 2013 to capital increases...more »

The 'Monitoring Methodolgy of the Regulated Electricity Market' has been approved by ANRE (the National Energy Regulatory Authority). The monitoring framework is based on the requirements stipulated by the Law no. 123/2012 on electricity and natural gas....more »

The automotive parts manufacturer will receive a loan of EUR122,5
million from the European Bank for Reconstruction and Development (BERD)
for developing the company's operations in several countries, including
Romania. Through this financing, Faurecia will support the investment
plan designed for the four countries where BERD operates: Maroc,
Polonia, Rusia and Romania. Faurecia, which is the world's sixth largest
automotive parts supplier has three unit productions in Romania: in
Craiova, Talmaciu and Mioveni....more »

Billions of Euros in losses for Romania due to lower price of wheat...more »

With a planned rentable area of over
70,000 sqm, the Mega Mall project in Bucharest is set to start construction
this year under a new shareholder structure. South-African real estate
investment fund NEPI has acquired 70 percent of the shares in the project from
a German firm specialized in developing
retail projects. The anchors of the
project are for the moment Carrefour , C&A and H&M....more »
Previous
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
Next